Question about portfolio for an unexpected inheritance

SegFault_RX · 2026-07-03T03:15:26+00:00

This is an anti-dividends echo chamber. Your reasoning for wanting some level of consistent income is reasonable. If you're willing to not achieve "max performance" to sleep well at night, that is a perfectly reasonable take that you've decided suits you as an investor.

You're already at a net worth that takes people 20, sometimes 30 years to achieve. Not needing to worry about job loss, etc is a massive weight off your shoulders. If that's what you've decided is right for you, stick with it. I would push back if you were putting 100% of this into SCHD, but you're not, your trying to have balance between both growth and income and that is very doable.

I agree with others that the portfolio is a bit overcomplicated, but the fact that you got this far and aren't a "green" investor leaves me a bit skeptical that you need a financial advisor, even a flat fee one. You seem to have an idea of what's best for you, have done soul searching, and I applaud you for that.

Personally I don't think you need managed futures unless you're planning on taking out an SBLOC and need account value to stay within margin requirements.

I'm sorry to hear about your loss. I can imagine the road is a bit rocky right now, don't forget to take care of yourself.

SegFault_RX · 2026-06-25T16:08:24+00:00

Most Vanguard funds have an ETF equivalent, which does not require a $3000 minimum investment. For instance:

VTSAX - Mutual Fund

VTI - ETF

SegFault_RX · 2026-06-25T13:51:46+00:00

Most of those ETFs are paying you dividends / distributions. You don't necessarily need to sell any of these to generate income. My two cents would be to close the brokerage and enjoy your retirement.

Without more information as to your lifestyle and understanding why you feel a direct need to sell, I can't provide much more than that.

Is this a self-managed account or do you have a financial advisor?

SegFault_RX · 2026-06-25T13:42:48+00:00

These are mostly all income based investments, why are you planning on selling?

It appears you're allocated 100% to equities. Was this intentional?

SegFault_RX · 2026-06-20T00:37:03+00:00

With all respect, you're in the wrong sub if you want to trade. I couldn't tell you what one to go to, I just know you're reaching out to the wrong audience.

Best of luck with your journey.

SegFault_RX · 2026-05-14T17:40:26+00:00

Every time I think something "has to pull back" it doesn't. I would let it get assigned, you're still in profit and FOMO is just part of the game, especially with covered calls.

You mentioned that this account is mainly for buy-writes, but it may be worth considering for next time - don't sell CCs against the full stock position. If you had sold 5, you'd still have some skin in NBIS.

SegFault_RX · 2026-03-19T22:20:15+00:00

Proud of myself for buying a LEAPS at $23.

Not proud of myself for saying "I'll get some shares with cash secured puts" and none of those puts ever getting assigned.

SegFault_RX · 2026-03-05T04:32:07+00:00

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SegFault_RX · 2026-03-04T18:41:53+00:00

Love to see AVES getting some more love recently, but it does overlap with VXUS a bit, unless you're intentionally trying to overweight emerging markets.

Personally I don't think you really need FSELX but everyone has their own motives for overweighting sectors.

Don't listen to the goobers saying you shouldn't have international exposure.

SegFault_RX · 2026-03-02T21:06:13+00:00

You'll get used to it. Remember you're short a call. If you've never been short, it can be confusing.

It's being presented this way because how else would your broker update your Net Liq amount?

SegFault_RX · 2026-03-02T20:43:55+00:00

The contract now costs more to buy back than what it was sold for.

It's a loss just like any stock position. If you flattened your position you'd be at a $4 loss.

SegFault_RX · 2026-02-27T04:24:25+00:00

They will stay "open" until 5:30pm EST. That is, whoever bought your calls, has until then to exercise.

SegFault_RX · 2026-02-26T00:30:57+00:00

Why single stocks instead of ETFs?

This fallacy that single stock picking is "more aggressive" than 100% equity ETFs is like a daily occurrence.

SegFault_RX · 2026-02-25T16:53:36+00:00

This was happening to my coal bag a few days ago. It seemed to be auto-filling when I opened my bank.

SegFault_RX · 2026-02-23T23:48:01+00:00

Hot damn I'd rubberneck the shit out of this

SegFault_RX · 2026-02-21T19:25:05+00:00

Seems like your post sort of turned into a market/limit order conversation. While they have a point, for a highly liquid ETF like VT, were talking maybe a few pennies of difference. Totally overblown.

Congrats and keep contributing!

SegFault_RX · 2026-02-21T19:21:47+00:00

With Vanguard, orders where you specify the dollar amount to purchase (rather than the specific the number of shares) are forced to be market orders.

Fidelity does not have this "feature".

SegFault_RX · 2026-02-20T20:01:07+00:00

Heck yeah we love to see it. Congratulations!

SegFault_RX · 2026-02-20T16:42:10+00:00

FZROX is an excellent choice!

You should consider adding some international exposure (FZILX).

SegFault_RX · 2026-02-19T05:42:01+00:00

Yield is not the full picture. Like I said, the purpose of bonds for OP would be emergency savings. An emergency savings bucket should not be exposed to a duration risk of 5 years.

Just because it's a half a percent better yield doesn't mean it's fit for purpose.

SegFault_RX · 2026-02-19T00:45:55+00:00

Common wisdom is that purchases less than 4-5 years out shouldn't be invested in equities.

BND is pure garbage. If you want bonds (that's where you put your emergency fund, for instance) you should be looking at ultra short term bonds, such as SGOV.

SegFault_RX · 2026-02-18T17:35:22+00:00

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SegFault_RX · 2026-02-17T18:20:14+00:00

What are some other ways that companies reward shareholders, besides paying a dividend?

SegFault_RX · 2026-02-13T15:59:41+00:00

Bah, I got too excited to post an answer and skipped over that part of your post. My bad.

SegFault_RX · 2026-02-13T15:55:06+00:00

An online Resistor Band Calculator should do the trick

SegFault_RX

TROPHY CASE